Senegal and IMF agree new $2.2 billion loan programme

The International Monetary Fund has reached an agreement with Senegal on a new $2.2 billion debt programme, after a prior deal was suspended following discovery of previously unreported debt.

The 36-month arrangement is meant to support the country’s “economic and financial reform program for the 2026–2029 period.”

But given past underreporting it will also require “decisive corrective measures to support the authorities’ request for a…